February 13, 2015

Building resiliency in a boom-bust economy

With the decline in oil prices over the last few months, many people, communities and industries have been impacted across Canada. And right in the thick of it is Fort McMurray. But it is not all doom and gloom. In a recent Globe and Mail article, Katharine McGowan, post-doctoral fellow at the Waterloo Institute for Social Innovation and Resilience, University of Waterloo, describes how Fort McMurray’s non-profit sector is coming together during these trying times, and how organizations like Social Prosperity Wood Buffalo are playing a leading role in creating a resilient community.

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With the decline in oil prices over the last few months, many people, communities and industries have been impacted across Canada. And right in the thick of it is Fort McMurray. But it is not all doom and gloom. In a recent Globe and Mail article, Katharine McGowan, post-doctoral fellow at the Waterloo Institute for Social Innovation and Resilience, University of Waterloo, describes how Fort McMurray’s non-profit sector is coming together during these trying times, and how organizations like Social Prosperity Wood Buffalo are playing a leading role in creating a resilient community.

Oil Sands Question and Response (OSQAR) is a blog created by Suncor Energy to support constructive dialogue about the oil sands. In our weekly posts, we talk about the energy industry, environmental impact, tailings management and reclamation, water management and the social and economic implications of oil sands development.

Our oil sands operations are near Fort McMurray, Alberta, where we recover bitumen from oil sands through mining and in situ operations. The bitumen from both operations is then upgraded to refinery-ready feedstock and diesel fuel. More about the where and the what of the oil sands can be found on our oil sands resource page.